DUBLIN, July 26, 2017 /PRNewswire/ --
The "Global Analgesic Infusion Pumps Market 2017-2021" report has been added to Research and Markets' offering.
The global analgesic infusion pumps market to grow at a CAGR of 4.00% during the period 2017-2021.
The report, Global Analgesic Infusion Pumps Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is technological advancements in the product. There has been tremendous growth in the field of medical devices industry over the past decade due to advancements in technology. Safe medication administration with the help of developed technology, for instance, improvement of IV pump technology that used to calculate the infusion rate by estimating a number of drops per minute are now able to send usage data wirelessly.
According to the report, one driver in the market is growing awareness regarding usage of analgesic infusion pumps. The analgesic infusion pump is an effective method of self-administration of pain relieving medication. In recent years, there have been increasing awareness of the device among the various stakeholders from manufacturers to the end-users like individuals in hospitals and home care. Lack of awareness related to the usage of the device may lead to medication error and can also be fatal for the individuals. Prior training regarding the usage of the device needs to be provided by the nurses before surgery to the individuals.
Further, the report states that one challenge in the market is slower adoption rate of the device. The analgesic infusion pump has slow adoption rate, and hence the market penetration is slow. The factors contributing to the slow rate of market penetration of analgesic infusion pump are availability of substitutes for pain management in the form of oral medications such as tricyclic antidepressants, anticonvulsants, and analgesics, which used for chronic medical conditions; and neurostimulators, which use mild electric impulses placed near the spine to reduce pain due to chronic medical conditions.
- B. Braun
- Smiths Medical
Other prominent vendors
- Animas Corporation
- Codman & Shurtleff
- Flowonix Medical
- Fresenius Kabi
- I-Flow Corporation
- Micrel Medical Devices
- Sorenson Medical
- Terumo Medical Corporation
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by products
PART 07: Market segmentation by application
PART 08: Market segmentation by condition
PART 09: Market segmentation by end-users
PART 10: Geographical segmentation
PART 11: Decision framework
PART 12: Drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/2c56r7/global_analgesic
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